Strategy Sells Bitcoin Worth $216M in Largest Sale Ever
15 Articles
15 Articles
Strategy Sells Bitcoin Worth $216M in Largest Sale Ever
Strategy Sells 3,588 Bitcoin for $216 Million to Fund Dividends, Marking Largest BTC Disposal in Company History Strategy sold 3,588 Bitcoin for approximately $216 million between June 29 and July 5, according to a Form 8-K filed with the SEC on Monday. The sale funded dividend payments on the company’s preferred stock instruments and replenished a portion of its cash reserve. It is the largest Bitcoin disposal in Strategy’s history and roughly …
Strategy (MSTR) stock gains as Standard Chartered backs $100K Bitcoin forecast
Strategy Inc. MSTR (formerly known as Microstrategy) gained on Friday after Standard Chartered said recent weakness in bitcoin reflects investor uncertainty over the company's evolving strategy rather than any deterioration in its balance sheet. In a note, Geoffrey Kendrick, Standard Chartered's global head of digital assets research, maintained the bank's end-2026 bitcoin price target of $100,000. He argued that Strategy's recent actions have c…
MicroStrategy’s Thesis Is Dead, and Saylor Knows It
MicroStrategy thesis inversion is the story now. Saylor sold Bitcoin to fund preferred dividends, turning a simple Bitcoin flywheel into financial engineering.The post MicroStrategy’s Thesis Is Dead, and Saylor Knows It appeared first on ECS: Elite CurrenSea.
Strategy or Binance: Who’s Sitting on More Unrealized Bitcoin Losses? CryptoQuant Weighs In
As the business intelligence and Bitcoin treasury company Strategy just carried out its largest BTC sale this week, analysts are comparing just how deeply the firm is underwater. CryptoQuant analyst Darkfost reviewed Strategy’s Bitcoin unrealized losses compared to those of the world’s largest crypto exchange, Binance, in their latest report. This is because both entities are major BTC holders, with hundreds of thousands of digital assets sittin…
Strategy could pay its dividends for 30 years even if the bitcoin didn't go up again, according to Michael Saylor. The manager published a new risk simulator to defend his financial model, a few days after a sale of 3,588 BTC to strengthen the liquidity of the group. The article Strategy can hold 30 years without an increase in the bitcoin, according to Saylor appeared first on Cointribune.
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